Short Week in Store in Canada

Monday

U.S.

Featured Earnings

Agilent Technologies Inc. (NYSE: A) (Q1) EPS estimates of 48 cents, compared to 44 cents in the prior-year quarter. This week, the company announced the expanded use of Agilent´s Dako PD-L1 IHC 28-8 pharmDx test for squamous cell carcinoma of the head and neck, the most prevalent type of head and neck cancer.

Nordson Corporation (NASDAQ: NDSN) (Q3) EPS estimates of $1.30, compared to $1.19 in the prior-year quarter. This week, Nordson announced a third-quarter 2017 cash dividend in the amount of $0.27 per common share, payable on June 13, to shareholders of record as of the close of business on May 30.

Heico Corporation (NYSE: HEI) (Q2) EPS estimates of 50 cents, compared to 46 cents in the prior-year quarter. HEICO announced in late April that its Flight Support Group completed the acquisition of Air Cost Control. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing.

Weekly Earnings (March) Average weekly earnings of non-farm payroll employees were $968 in February, little changed from January and up 1.5% from 12 months earlier.

Featured Earnings

Heroux-Devtek Inc. (T.HRX) (Q4) EPS estimates of 22 cents, compared to 25 cents in the prior-year quarter. In late April, Héroux-Devtek announced that its unionized employees at the landing gear products facility in Longueuil, Québec have voted in favor of a three-year collective agreement, which now extends through April 30, 2020. The renewal concerns approximately 255 employees who are members of Unifor, Local Section 1956.

Royal Bank of Canada (T.RY) (Q2) EPS estimates of $1.80, compared to $1.71 in the prior-year quarter.

Canadian Imperial Bank of Commerce (T.CM) (Q2) EPS estimates of $2.57, compared to $2.40 in the prior-year quarter.

Friday

U.S.

Economic lookahead

Durable Goods Orders (April)

Gross Domestic Product (Q1 preliminary)

Corporate Profits (Q1 preliminary)

Consumer Sentiment (May—final)

Featured Earnings

DragonWave Inc (NASDAQ: DRWI) (Q4) EPS estimates for a loss of 68 cents, compared to a loss of $2.98 in the prior-year quarter.